(a) The term effective date refers to the effective date of the applicable prohibitions and directives contained in this part as follows:
- (1) With respect to a person whose property and interests in property are blocked pursuant to § 525.201, the earlier of the date of actual or constructive notice that such person's property and interests in property are blocked;
- (2) With respect to transactions prohibited by § 525.202, December 15, 2023.